Investment Opportunity for Medina Hotel
The Medina Municipality has launched an investment opportunity to establish and operate a commercial hotel building adjacent to the Qibla mosques, at the intersection of King Abdullah Bin Abdulaziz Road and Khalid Bin Al-Walid Road, in the Qiblatain neighborhood. The project spans an area of 6,550 square meters and is offered through a 50-year investment agreement with a 36-month grace period. Its goal is to meet the needs of visitors and pilgrims while promoting economic activity in the area due to the continuous flow of visitors throughout the year. The municipality invites investors to review the details and apply via the "Furs" investment portal for Saudi cities.
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